Latest Stock Market News

Veer Global Infraconstruction, a real-estate developer, has announced a 1:1 bonus issue, trading ex-bonus on August 22. The bonus shares will carry the same rights as the existing equity shares, will rank equally, and will entitle shareholders to participate in full in any dividend and corporate actions recommended.

The stock quoted a 52-week high price of Rs 934.5 and a 52-week low of Rs 454.0.

The retail portion was subscribed the most at 4.20x, followed by non-institutional investors at 3.5x. The category reserved for qualified institutional buyers (QIB) was subscribed 1.3 times.

A total of 3,018 shares changed hands on the counter till 01:51PM (IST)

"It does appear that the cycle will continue for the next 3-4 years. Usually real estate cycles differ from country to country. In India, on the residential side, we have seen that they are for 7-8 years. Our thinking is that we are 2.5-3 years in this cycle. It does look like we have a runway of 3-4 more years, provided the economy continues to remain robust."

PVR INOX, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 16733.27 Crore) operating in Media & Entertainment sector.

The crossing of the 200-day Simple Moving Average (SMA) can often signal significant shifts in stock price trajectories.

It owns a fleet of about 484 construction equipment assets which includes crushers, excavators, loaders, dozers, paver machines, ready mix concrete plants, concrete mixtures, cranes, tractors and transportation vehicles from some of the leading suppliers.

The stock quoted a 52-week high price of Rs 4984.1 and a 52-week low of Rs 3310.0.

Even though Jio Financial is part of the Nifty50 and Sensex, the stock will trade in the “trade-for-trade” segment in the first 10 trading days. Therefore, it will trade in upper and lower circuit limits of 5%. This is unlike other index stocks, which do not have circuit breakers as they trade in the derivatives segment.